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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (2591)	1/12/2003 2:30:05 PM
From: 4figureau	Respond to of 5423

ETG and IVN: Entree's market cap is $7.2 Mil. entreegold.com Ivanhoe's is $654 Mil. ivanhoemines.com Will Robert Friedland and his Ivanhoe Mines show interest in Entree Gold? Consider this...on Jan 07, IVN announced that the "magnitude of the gold and copper discovery at Turquoise Hill (Oyu Tolgoi) in Mongolia has been upgraded by the realization that all three previously identified mineralized zones are geologically connected as part of one major mineralized system." On Jan. 03 IVN announced that work has started on a new, independent resource estimate for Turquoise and is expected by the end of the month. This is very interesting because Entree's "179,590-hectare Shivee Tolgoi concessions completely surround, and are contiguous on all sides with, Ivanhoe Mines' Oyu Tolgoi (Turquoise Hill) property, on which Ivanhoe previously has reported Far North zone drill intercepts of 638 metres averaging 1.61 per cent copper and 0.07 gram per tonne gold, including 114 metres of 3.58 per cent copper and 0.23 gram per tonne gold. More recently, on Oct. 30, 2002, Ivanhoe announced new drilling results, closer to the boundary with Entree's Shivee Tolgoi property, which contain "the most impressive mineral intercepts encountered at Oyu Tolgoi." IVN has recently extended its Far North zone geophysical and geochem grid to within 100 metres of Entree's Shivee Tolgoi property. How could something so deep end so abruptly? What am I missing? This map shows that Friedland has most of the good land based on his original exploration...but with the new holes coming in with best grades up north...he may not have it all: entreegold.com ETG may be sitting on some of that huge system...if so...no takeover will come without first dealing with them IMO. Friedland has a list of the best institutions from Asia, Europe and North America holding well over a third of a billion dollars (Bob the pig has over 100 million shares LOL) in paper, as he just did another $60 Mil. Thoughts?